Stocks to watch at noon on Wednesday
Market watch top headlines
SYDNEY, June 20 AAP
June 20 2012, 12:08AM
Stocks to watch on the Australian stock exchange at noon on Wednesday:
AMC - AMCOR LTD - down 16 cents, or 2.12 per cent, at $7.37
New Zealand's Commerce Commission says the High Court erred when it dismissed much of its case against Australia's Visy Board and a former executive last year for alleged cartel behaviour in the country's packaging market.
AUT - AURORA OIL & GAS - up four cents, or 1.28 per cent, at $3.17
EKA - EUREKA ENERGY LTD - last traded at 45 cents
Suitor Aurora Oil & Gas has appointed three representatives to takeover target Eureka Energy's board after increasing its stake to 68.4 per cent.
FXJ - FAIRFAX MEDIA LTD - up 0.5 cents, or 0.84 per cent, at 60 cents
Australian Greens Leader Christine Milne has suggested the corporate regulator administer charters of editorial independence.
LYC - LYNAS CORPORATION LTD - up 3.5 cents, or 3.45 per cent, at $1.05
A controversial new processing plant in Malaysia run by rare earths miner Lynas has received the support of a Malaysian parliamentary committee.
NWS - NEWS CORPORATION - steady at $20.04
NSWLV - NEWS CORPORATION NON-VOTING - up four cents, or 0.20 per cent, at $19.81
CMJ - CONSOLIDATED MEDIA HOLDINGS LTD - up 30 cents, or 9.74 per cent, at $3.38
TLS - TELSTRA CORPORATION LTD - down one cent, or 0.27 per cent, at $3.63
News Ltd has made a $1.97 billion takeover bid for James Packer's Consolidated Media Holdings.
SEPARATELY: News Ltd chief executive Kim Williams will outline job cuts as part of a major restructure of Australia's largest newspaper publisher later on Wednesday.
SEPARATELY: News Ltd is expected to announce its own round of job cuts on Wednesday as the country's major media companies move to streamline their print and digital operations.